Nasdaq, Inc., a leading global technology company, is headquartered in the United States and operates extensively across North America, Europe, and Asia. Founded in 1971, Nasdaq revolutionised the financial markets by launching the world's first electronic stock exchange, setting a precedent for modern trading practices. The company primarily operates in the financial services industry, offering a diverse range of products and services, including market technology, trading platforms, and data analytics. Nasdaq's unique blend of innovative technology and comprehensive market insights positions it as a key player in the global financial ecosystem. With a strong market presence, Nasdaq has achieved notable milestones, including the listing of thousands of companies and the development of advanced trading solutions that enhance market efficiency and transparency.
How does Nasdaq's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Mean score of companies in the Financial Intermediation industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Nasdaq's score of 72 is higher than 84% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Nasdaq reported total greenhouse gas emissions of approximately 91,781,000 kg CO2e globally, with emissions broken down into various scopes. Specifically, Scope 1 emissions accounted for about 75,100 kg CO2e, while Scope 2 emissions totalled approximately 18,776,000 kg CO2e. The company did not disclose Scope 3 emissions data for this year. Nasdaq has set ambitious climate commitments, pledging to achieve net-zero greenhouse gas emissions across its value chain by 2050, using 2021 as the base year. Near-term targets include a 100% reduction in absolute Scope 1 and Scope 2 emissions by 2030, alongside a 50% reduction in absolute Scope 3 emissions by the same year. Additionally, Nasdaq aims to ensure that 70% of its suppliers, by spend, will set science-based targets by 2027. The company has also committed to maintaining a minimum of 100% absolute reductions in Scope 1 and Scope 2 emissions from 2030 through 2050, and to reducing absolute Scope 3 emissions by 95% by 2050. These targets are aligned with the Science Based Targets initiative (SBTi) and reflect Nasdaq's commitment to sustainability and climate action.
Access structured emissions data, company-specific emission factors, and source documents
| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|
| Scope 1 | - | - | 0,000 | 000 | 00,000 | 00,000 |
| Scope 2 | 35,305,000 | 00,000,000 | 00,000,000 | 00,000,000 | 000,000 | 00,000 |
| Scope 3 | 28,054,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
Nasdaq's Scope 3 emissions, which increased by 7% last year and increased by approximately 227% since 2018, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 66% of Scope 3 emissions.
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Nasdaq has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.

Common questions about Nasdaq's sustainability data and climate commitments